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Reuters: Carlyle Capital in default, on brink of collapse

Started by chris, March 13, 2008, 11:01:02 AM

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chris

Carlyle Capital in default, on brink of collapse
      


AMSTERDAM (Reuters) - Carlyle Capital Corp , an affiliate of private equity firm Carlyle Group , said on Thursday it was in default on margin calls of over $400 million, and said its lenders would likely take possession of its remaining assets.
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